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Preforeclosure Homes in Advance, MO

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Living in Advance, MO

Advance, MO is a serene small-town community perfect for those seeking a quieter lifestyle. With close-knit relationships among residents and a variety of local amenities, it makes for an ideal investment opportunity. Educational institutions are solid, and outdoor activities abound, making it perfect for families and retirees alike.

Current Market Conditions in Advance, MO

The real estate market in Advance, MO is currently experiencing stable growth, driven by a demand for affordable housing options and the appeal of rural living. As more individuals and families seek refuge from urban congestion, properties in this area are viewed as attractive investment opportunities.

With a lower cost of living compared to nearby urban centers, potential investors can expect favorable returns on properties both for rentals and resales. The interest in rural real estate has started to escalate, propelling home values upward over the past year.

Home Value Estimator For Advance, MO

There are currently 1,021 real estate properties in Advance, MO, with a median automated valuation model (AVM) price of $145,469.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Advance, MO, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Advance, MO, is $176,524.00, with the most expensive house in Advance, MO, topping out at $1,090,000.00 and the cheapest home in Advance, MO, clocking in at $19,625.00. In other words, there’s something for every potential homebuyer or savvy investor in Advance, MO!

Rent Prices In Advance, MO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Advance, MO, is on a rollercoaster ride. The average rent price in Advance, MO, is $949.00. Indeed, when looking to rent in Advance, MO, you can expect to pay as little as $610.00 or as much as $1,810.00, with the average rent median estimated to be $950.00. The good news is that finding an affordable and desirable property to rent in Advance, MO -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Advance, MO Preforeclosure Homes


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